EWP
iShares MSCI Spain ETF
📎 Investment Objective
The iShares MSCI Spain ETF (EWP) seeks to track the investment results of an index composed of Spanish equities, providing investors exposure to the Spanish stock market.
Overview
ETF tracking iShares MSCI Spain ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI Spain ETF (EWP) seeks to track the investment results of an index composed of Spanish equities, providing investors exposure to the Spanish stock market.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, attempting to replicate the performance of the MSCI Spain Index. It invests primarily in a representative sample of the securities included in the underlying index.
✨ Key Features
- Provides broad exposure to the Spanish equity market
- Tracks the MSCI Spain Index, a free float-adjusted market capitalization-weighted index
- Low expense ratio of 0.00%
- Suitable for investors seeking targeted exposure to the Spanish stock market
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country
- Currency risk as the fund's holdings are denominated in the Euro
- Market risk as the value of the fund's shares will fluctuate with changes in the broader market
- Liquidity risk as the fund may have difficulty trading certain securities at an optimal price
👤 Best For
The iShares MSCI Spain ETF may be suitable for investors seeking targeted exposure to the Spanish equity market as part of a diversified portfolio. It may be of particular interest to investors with a positive outlook on the Spanish economy or those looking to gain exposure to European markets. However, investors should be aware of the increased risks associated with a single-country fund.